HCMC – Vietnam’s Ministry of Industry and Trade has worked with Malaysian energy firm TNB Renewables and signed a letter of intent on Halal cooperation with Halal Development Corporation (HDC).
On the occasion of Party General Secretary To Lam’s official visit to Malaysia, the Ministry of Industry and Trade worked with Malaysian energy firm TNB Renewables at Shangri-La Hotel on November 22.
At the session, Minister of Industry and Trade Nguyen Hong Dien expressed appreciation of the interest and cooperation of TNB Renewables and other Malaysian businesses with Vietnam. He also affirmed that Vietnam has immense potential for wind power development, with a coastline of over 3,260 kilometers.
TNB Renewables is a subsidiary of Tenaga Nasional Berhad (TNB) – Malaysia’s leading electricity utility company which accounts for 50% of Malaysia’s electricity capacity market.
It aims to accelerate the transition to sustainable energy in Malaysia and Southeast Asia as a whole. Recently, the company has shown great interest in collaborating and investing in Vietnam’s onshore and offshore wind power sector.
Regarding Halal cooperation, on November 22, the Ministry of Industry and Trade’s Asia-Africa Market Department and the Halal Development Corporation (HDC) in Malaysia signed a letter of intent on Halal cooperation.
The letter of intent includes recognizing the shared goal of both parties in training, organizing exhibitions, seminars, and symposiums on Halal products in Vietnam and Malaysia. This activity not only helps enhance businesses’ understanding of exporting Halal products to the Malaysian market but also to the broader Islamic markets in general.
